Wednesday, September 21, 2011

FOMC Day

I am expecting a grind higher off the open for the first 2 hours.  After that, we'll probably just trade flat.  This FOMC announcement will be hard to game, so I'm not really interested in trading too much after it comes out.  If we do get a rally off this meeting, I will look to short tomorrow morning.

3 comments:

Anonymous said...

good numbers from orcl but not worthy of the 25% advance in the past month..take profits.

And don't even get me started on aapl!

Who is buying @420 when they could have gotten it @ 350 4 weeks ago?

crazy-ness

Anonymous said...

Operation Fist

Anonymous said...

s &p never closed above the 1218 mark. This drop was predictable.

Next mark is 1155..then 1140

let's hope they hold.